Coercive restructuring of insolvent banks unsecured debt would be next.

I wish only to add a few brief comments.

Various observations were, however, made regarding the formulation of the draft article.

This means no cross border sovereign debt (or esoteric instruments, such as collateralized debt obligations).

Valuation of secured claims

As a result, the spread of the Colombia Plan, despite its meager and ambivalent results, has remained obscured.

Insecure title affects decisions to invest and inhibits the use of land as collateral or the issuing of loans or mortgages.

Notes

military expenditures

Switzerland

Comments

Notes

(cc) Bank account means, subject to law other than secured transactions law, an account maintained by a bank into which funds may be deposited.

Recommendations of the draft legislative guide on secured transactions

However, the holder of a CDO or MBS would be unable to take these homeowners to court. And even if he succeeded, homeowners could simply return their house keys, as they, too, enjoy the protection of non recourse.

(c ) Colloquium on Reform of Secured transactions Law the draft UNCITRAL Legislative Guide on Secured Transactions (Clermont Ferrand, France 23 April 2004)

Lending to foreign governments is in many ways inherently riskier than unsecured private debt or junk bonds.

Agriculture in Mali also needed to be protected against the uncertainties of climate, in particular through mechanization and the improvement of farming practices.

Informational notes

Final remarks

Introductory remarks

Introductory Remarks

Remarks

Bosnia and Herzegovina

Observations

General Remarks

Background remarks

Explanatory notes

(a) General observations

Observations

(b) Systematic observations

Technical regulation will not likely fit well within competition agencies.

Observations by the State party

Observations

Preliminary remarks

The complainant's submission

The State party's submission

Delegations commended the Commission on completing its first reading of the draft articles on diplomatic protection,1 and stressed the importance of the topic to the international community.

Closing Remarks

Observations and recommendations

Observations on admissibility

Observations

H. Remarks and conclusions

Observations and recommendations

These transactions are essentially non possessory security rights, and they are primarily used in States where the secured transactions law has not yet appropriately recognized non possessory security rights.